Small Employer Carrier Rating and Underwriting Record Maintenance

Section 5101 Section 3801.50  Small Employer Carrier Rating and Underwriting Record Maintenance A small employer carrier shall maintain and have accessible at its principal place of business for a period of 3 years from the date of actuarial certification the following records and information: a)         A complete and detailed description of its rating practices and renewal underwriting practices; b)         Information and documentation that demonstrates that its rating methods and practices are based upon commonly accepted actuarial assumptions and are in accordance with sound actuarial principles; and c)         Any work papers or other information and documentation prepared in support of the actuarial certification.